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Applied Materials Bids
For Part of ASMI Business

Applied Materials Inc. made an unsolicited offer worth up to $500 million to purchase a large part of Dutch semiconductor equipment maker ASM International's business.

Applied Materials, based in Santa Clara, Calif., said it made a verbal offer to buy two of ASMI's "front-end" units &ndash; machinery used in the early stages of semiconductor manufacturing. The offer would value the Atomic Layer Deposition and Plasma...